THERE MAY BE HOPE

There may be a smidgen of help on the foreclosure debacle.  It seems that some relief is available and is a few steps away for Tennessee.  Attorney General of Tennessee, Bob Cooper is giving away money, the amount is not indicated.  Homeowners from Ohio will see $840.00 per household.   This is little consolation in comparison to the homeowners loss.  Take a look below. 

AP/ October 8, 2012, 10:20 AM   CBS MONEYWATCH

Foreclosure help notices being mailed in Tennessee 

NASHVILLE, Tenn. — Notices are going out in the mail to an estimated 37,000 Tennessee borrowers who may be eligible for payment under a $25 billion national mortgage foreclosure settlement. Eligible borrowers will be receiving claim forms in the mail this month and Attorney General Bob Cooper of Tennessee urged residents to complete the forms and return them by the Jan. 18, 2013 deadline. Those eligible include people who lost their homes to foreclosure between Jan. 1, 2008 and Dec. 31, 2011 to five of the nation's largest mortgage services, which is Ally/GMC, Bank of America Corp., Citi, JPMorgan Chase & Co., and Wells Fargo & Co. The packages will be mailed through Oct. 12.

The predator banks were paid handsomely for committing fraud and illegally stealing homes (robo-signing) from homeowners and taking a passive aggressive position on their agreement with the government as it relates to modifying loans.  Even when the home owners believe they are in the middle of a modification, the banks continues to pursue foreclosure, specifically Bank of America.  Looking at this from a bird's eye view, modification does not seem likely.  Do the banks (Bank of America) really want to modify?

What do you think?